Claims processing software publishers are affected by the investment capabilities of P&C and life insurance companies. Over the five years to 2015, widespread old technology, lack of analytics and collaboration, increasing regulation and rising customer expectations have stimulated industry growth. The next five years will bring fresh changes to the young industry, including new business models and predictive analytics, stimulating industry growth over the five years to 2020.
This industry develops and sells software that is used to process insurance claims and manage policies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.